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<xml>
<title>Illinois General Assembly - Bill Status for SB 3041</title>
<shortdesc>TIF SPRING VALLEY</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Sue Rezin</sponsors>
</sponsor>
<lastaction>
<statusdate>2/10/2026</statusdate><chamber>Senate</chamber><action>Assigned to Revenue</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>65 ILCS 5/11-74.4-3.5</reference><aliasreference></aliasreference><SynopsisText>Amends the Tax Increment Allocation Redevelopment Act of the Illinois Municipal Code. Extends the estimated date of completion of a redevelopment project and the retirement of obligations issued to finance redevelopment project costs for an ordinance adopted on July, 31 2006 by the City of Spring Valley. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>1/29/2026</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Sue Rezin</action>
<statusdate>1/29/2026</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>1/29/2026</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>2/10/2026</statusdate><chamber>Senate</chamber><action>Assigned to Revenue</action>
<statusdate>3/13/2026</statusdate><chamber>Senate</chamber><action>Rule 2-10 Committee Deadline Established As April 24, 2026</action>
</actions>
</xml>
